Freddie Mac Prices $1 Billion Reopening Of 1.250% Seven-Year Reference Notes®
Security
PR Newswire
MCLEAN, Va., Dec. 17, 2012
MCLEAN, Va., Dec. 17, 2012 /PRNewswire/ --Freddie Mac (OTC: FMCC) announced
today that it auctioned a $1 billion reopening of its 1.250% seven-year USD
Reference Notes® security that matures on October 2, 2019. The stop yield for
the issue, CUSIP 3137EADM8, was 1.309%, priced at 99.617434, or
approximately16 basis points more than seven-year U.S. Treasury Notes. The
bid-to-cover ratio was4.0 to 1.
After the reopening, which was conducted via an Internet-based auction, the
outstanding size of the 1.250% seven-year Reference Notes security will be $5
billion. The issue will settle on December 18, 2012, and is listed on the Euro
MTF market of the Luxembourg Stock Exchange. All auction details can be found
on Freddie Mac's Debt Securities Web page,
www.FreddieMac.com/debt/auctionrepurch/auctions.html.
This announcement is not an offer to sell any Freddie Mac securities. Offers
for any given security are made only through applicable offering circulars and
related supplements, which incorporate Freddie Mac's Annual Report on Form
10-K for the year ended December 31, 2011, filed with the Securities and
Exchange Commission ("SEC") on March 9, 2012; all other reports Freddie Mac
filed with the SEC pursuant to Section 13(a) of the Securities Exchange Act of
1934 ('Exchange Act") since December 31, 2011, excluding any information
"furnished" to the SEC on Form 8-K; and all documents that Freddie Mac files
with the SEC pursuant to Sections 13(a), 13(c) or 14 of the Exchange Act,
excluding any information "furnished" to the SEC on Form 8-K.
Freddie Mac's press releases sometimes contain forward-looking statements. A
description of factors that could cause actual results to differ materially
from the expectations expressed in these and other forward-looking statements
can be found in the company's Annual Report on Form 10-K for the year ended
December 31, 2011, and its reports on Form 10-Q and Form 8-K, filed with the
SEC and available on the Investor Relations page of the company's Web site at
www.FreddieMac.com/investors and the SEC's Web site at www.sec.gov.
Freddie Mac was established by Congress in 1970 to provide liquidity,
stability and affordability to the nation's residential mortgage markets.
Freddie Mac supports communities across the nation by providing mortgage
capital to lenders. Today Freddie Mac is making home possible for one in four
homebuyers and is one of the largest sources of financing for multifamily
housing. www.FreddieMac.com.
SOURCE Freddie Mac
Website: http://www.freddiemac.com
Contact: MEDIA: Kristin Burdette, +1-703-462-4639; INVESTORS: Sean Forde,
+1-571-382-4090